If budget sales units are 8000, ending inventory is 2000 units and beginning inventory is 3000, then budget production would be
A. 11000 units
B. 13000 units
C. 10000 units
D. 7000 units
Answer: Option D
Solution(By Examveda Team)
Budget production = Budget sales + Ending inventory - Beginning inventory= 8000 + 2000 - 3000 = 7000 units.
Related Questions on Costing
Basic objective of cost accounting is ________
A. tax compliance.
B. financial audit.
C. cost ascertainment.
D. profit analysis.
Process costing is suitable for ________.
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B. oil refing firms
C. transport firms
D. brick laying firms
The cost which is to be incurred even when a business unit is closed is a _____.
A. imputed cost
B. historical cost
C. sunk cost
D. shutdown cost
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